This study by Md. Mahmudul Alam and Professor Rafiqul Islam Molla on microfinance comes at the right time when the microfinance movement has come under attack from various quarters. There are exaggerated claims and counter-claims about microfinance's impact on poverty alleviation – one side...

The microfinance movement that began as a programme of actionresearch in a small village by Professor Muhammad in 1976 has quickly become a global phenomenon, attracting more than 100 million borrowers world-wide. The movement has been hailed as an innovative tool for poverty eradication

Microcredit is regarded as a tool for poverty alleviation. A stereotyped delivery system is designed and used for promoting and serving survival and subsistence level economic activities, particularly for poor female clients. In Bangladesh its success has raised social expectations as to its...

Microcredit typically refers to petty collateral-free credits given to groups of poor members in the society for their socioeconomic emancipation. It is claimed to be an effective tool for enhancing income of the poor primarily through creation of self-employment opportunities for them in a...

Calculated under the framework of economic-profit counting, the productivity of microcredit in Bangladesh is found very low. In this survey about 48% of the borrowers had to compromise their normal wages for self-employed labor to be able to pay the high interest for the credit. Similarly its...

The microcredit (MC) program of Bangladesh has been a well-known success story for generation of self-employment, and poverty alleviation. Variants of this MC model are being implemented in more than 60 different countries of the world. It has become almost a universal antidote for poverty...

There is no room for denying the critical importance of microcredit for economic emancipation of rural poor in Bangladesh or any such other country. In analyzing the effectiveness of microcredit program the microcredit providers (NGOs) use accounting profit of the borrowers' enterprises ignoring...

This study examines the micro enterprises of industrial sectors that receive Kredit Usaha Rakyat (People's Business Credit/KUR) or Commercial Credit (KK) in seven cities in East Java. Firstly, this study aims to measure the technical efficiency of micro enterprises in the industrial sector in...

Microcredit typically refers to petty collateral-free credits given to groups of poor members in the society for their socioeconomic emancipation. It is claimed to be an effective tool for enhancing income of the poor primarily through creation of selfemployment opportunities for them in a...